875 E 9 Mile Rd, Pensacola, FL 32534
Well-established restaurant with full kitchen and modern interior design.
Property Features for 875 E 9 Mile Rd
General Information
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Investment Insights
Based on property information with market context.
Key Highlights
- Great location in Pensacola, FL near 9 Mile Rd. and nearby neighborhoods.
- Full turn‑key kitchen.**
- Ample parking.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.4k | $17.40 |
| − Vacancy | −$2.0k | −$1.46 |
| EGI | $22.3k | $15.94 |
| − OpEx | −$5.6k | −$3.99 |
| NOI | $16.7k | $11.96 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 32534, FL
Market
Vacancy Rate% for Retail in South region